China Air Transport and Airport Industry Report, 2015-2018
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Summary Since 2014, despite negative influence from slower economic growth at home and abroad and high-speed railway on Chinese aviation market demand, China’s civil aviation passenger throughput still kept relatively rapid growth driven by tourist’s leisure demand, and cargo & mail throughput rallied slightly driven by a pickup in exports. However, the airlines suffered heavy exchange losses due to yuan depreciation against dollar. In the first three quarters of 2014, four big airlines all saw sharp decline in net income, with China Eastern Airlines falling the hardest, at 48.94%. Compared with significant drop in profits of the four big airlines.
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Summary(Contd...) ď ś To improve performance, the airlines in China have sought to make progress in two aspects since 2013: accelerate the opening up of international and regional routes; speed to expand into low-cost aviation industry. ď ś Actively opening up new routes: In 2014, Air China added 12 routes (4 domestic ones and 8 international ones), totaling 33 international routes from 2012. In the same year, China Southern Airlines opened 9 new international routes, bringing the total newly-added international routes to 26 since 2012.
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Report mainly covers -Development environment for air transport industry in China, covering economic environment, policy environment, and social environment; -Operation status of air transport industry and low-cost aviation market in China; -Operation status of airport transportation in China, including passenger throughput, cargo & mail throughput, and airplane takeoffs and landings; -Overall economic results of air transport industry in China, encompassing revenues and total profits of companies in the industry; -16 major airlines in China, including financial situation, transport capacity, carrying capacity, load factor, development strategy, and performance forecast;
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Contact: debora@reportstack.com Reportstack Market Research